Flourishing at CAGR of 4.8% Commercial Fitness Equipment Market to Grow due to Increased Concerns About Personal Fitness, Noted TMR

ALBANY, New York, March 18, 2019 /PRNewswire/ -- With respect to the competitive scenario, the global commercial fitness equipment market flaunts major organizations, for example, Johnson Health Tech. Co., Ltd., Brunswick Corporation (Life Fitness), Technogym, Cybex, Amer Sports Corporation, Matrix Fitness, and so on. Due to presence of a various well-known organizations, the global commercial fitness equipment market observers the high level of competition. Along these lines, so as to gain an edge over the other contenders a large number of these ventures have taken up mergers and acquisitions. Collaborations are supported as well, as they offer the players to extend their impression in the fitness equipment market. Large number of organizations working in the global commercial fitness equipment market are progressively disposed toward manufacturing long-term associations with gyms and hotels to remain a sole provider of fitness equipment for an extended period of time.

According to a recent report by Transparency Market Research (TMR), the global commercial fitness equipment market is likely to witness an expansion with a steady CAGR of 4.8% within the forecast period from 2017 to 2022. The global commercial fitness equipment market was foreseen to be around worth US$2,19 Bn in 2017 and is likely to reach around a valuation of US$2,77 Bn by the end of forecast period.

Get PDF Brochure for Research Insights at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=33446

Machines utilized for enhancing cardiovascular health, such as treadmills are foreseen to experience a surged demand during the forecast period. The mentioned segment is likely to of worth US$1,045.8 mn by 2022 end. The Europe commercial fitness equipment market is prognosticated to surge at a steady CAGR of 4.6% in the coming years. This Europe commercial fitness equipment market is to soar around of US$821.1 mn by 2022.

Increased Cases of Chronic Heart Ailments to Support Market Growth

Factors for example increasing cases of chronic heart ailments and obesity, along with changing lifestyle have forced people to concentrate more on their personal health. This has resulted in more number of health conscious people. Moreover, governments from several nations have launched various programs and healthcare awareness initiatives to support their citizens. Owing to these conditions, the global commercial fitness equipment market is prognosticated to evolve in the forthcoming years.

Request a Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=33446 

Besides, rising pollution and fast urbanization because of industrialization, which are prompting ill health and stress will play huge part in making purchasers more attracted to invest their money and energy on exercise and fitness. Against this situation, countries around the globe have seen growth in exercise center enrollment particularly among urban and working population. Moreover, the increasing awareness among elderly people has helped the market gain pace too.

High Manufacturing Prices to Restrict Commercial Fitness Equipment Market Growth

Even though since past few years there has been an advent of connected gadgets and advancements in technology which has fueled the market demand for commercial fitness equipment; the high manufacturing prices of the equipment hinder the market growth. Different companies have different prices of the same product. This prompts customers to use public equipment, then buying their personal ones. This public equipment is more durable and can be used for longer time. These are some of the hampering factors working against market growth.

Have Any Query? Ask Our Industry Expert: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=33446 

Nevertheless, emergence of smart wearables and mobile apps help users keep a track of their performances and vitals along with personalized training. This will support the market to grow with leaps and bounds in coming years.

The data and information presented is based on the findings of a TMR report, titled "Commercial Fitness Equipment Market (Product - Treadmill, Free Weights, Exercise Cycles, Elliptical Machines, and Ab Machines; End User - Gym, University and School, Community, and Sports Center; Distribution Channel - Sports Goods Stores, Specialty Sports Shops, Online Retailing, Discount Stores, and Departmental Stores) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022."

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=33446 

The global Commercial Fitness Equipment Market can be segmented as follows: -

Product

• Free Weights
• Treadmill
• Exercise Cycles
• Ab Machines
• Elliptical Machines

End-User

• University and School
• Gym
• Sports Centers
• Community

Distribution Channel

• Online Retailing
• Sports Goods Stores
• Specialty Sports Shops
• Departmental Stores

Geography

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• Italy
• Spain
• U.K.
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Popular Research Reports by TMR:

• Sleeping Bag Market - https://www.transparencymarketresearch.com/sleeping-bag-market.html 
• Pocket Watch Market - https://www.transparencymarketresearch.com/pocket-watch-market.html  
• Windproof Lighter Market - https://www.transparencymarketresearch.com/windproof-lighter-market.html 
• Travel & Tourism Market - https://www.transparencymarketresearch.com/travel-tourism-market.html 

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: https://www.transparencymarketresearch.com 
Research Blog: https://tmrblog.com/

SOURCE Transparency Market Research